(1) The owner or manager of motor vehicle operating the transport service on any specified route shall have to
procure the insurance of passenger luggage of each passenger traveling by the motor vehicle in such amount as may be prescribed.
(2)The owner or manager of motor vehicle shall not be liable to any amount of compensation claimed in excess of the amount of insurance procured pursuant to Sub-section (1) in the event of loss or destroy of such
luggage due to any cause irrespective of the actual value of the luggage.
(3) If in operating the transport service by any public motor vehicle without procuring the insurance of passenger luggage pursuant to Sub- section (1), the owner or manager of motor vehicle shall pay the insurance
amount as set forth in Sub-section (1), the owner or manager of motor vehicle shall pay the insurance amount as set forth in Sub-section (1) to which the passenger is entitled in the event of loss or destroy of any passenger luggage to the passenger or his or her successor as compensation.